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I have investigation censure to some degree and from what I've read it equates to basically a slap on the wrist. "You did a bad thing, shame-shame". That's about it. That's why Lindsey Graham is suggesting censure, not impeachment. A motion of censure expresses formalized disapproval but carries no practical consequences or sanctions. Should one pass against Trump, it would indicate that his fear-based grip on the Republican party’s sitting members had been broken.
As far as Trump’s personal reaction or impact, the only variable would be who or what he would blame because he has a lifelong record of always being blameless and without responsibility.